THREAD: united auto
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News Timeline
UN BLAMES AMERICA: Gloomy Global Growth Forecast Sparks Outrage
— The United Nations is blaming the U.S. for a slowdown in global growth, pointing to higher American tariffs and trade fights. The U.N. now expects worldwide growth to hit just 2.4% this year and 2.5% in 2025 — both lower than what they predicted before.
Shantanu Mukherjee from the U.N.’s Economic Analysis team says “uncertainty” is everywhere right now. He also blames shaky politics, rising costs, supply chain messes, and financial worries for making things worse.
The slowdown is especially tough on developing countries. Their expected growth rate dropped from 4.6% to 4.1% since January — a huge loss for places already battling poverty.
U.N. experts warn that if these trends continue, more than half of the world’s poorest people could face even harder times ahead.
FORD’S $15 Billion Loss Shock: Trump-Era Auto Tariffs Spark Industry Fears
— Ford Motor Company has hit pause on its earnings forecast after revealing a stunning $15 billion loss. The company blames tariffs from the Trump years and ongoing trade fights for the huge setback. Ford also warns that if these policies stay in place, the entire U.S. auto industry could face over $100 billion in extra costs.
To fight back, Ford tried rerouting vehicles through Canada, which saved about $1 billion. Still, there’s a lot of uncertainty ahead. This news comes as the Federal Reserve keeps interest rates steady and points to trade disputes as a big economic risk.
Industry experts say Ford’s move is a warning sign for all of American manufacturing. It raises tough questions about profits and stability for other car makers too.
No one knows yet how bad things will get, but Ford’s losses are shining a light on growing dangers for U.S. jobs and businesses if these tariffs stick around.
— Ford suspends guidance amid $15 billion tariff hit The automaker warns trade tensions could cost the US auto industry over $100 billion, while the Federal Reserve maintains steady interest rates amid economic uncertainty
FORD’S $15 Billion Trade WAR Shock: How Trump’s Tough Tariffs Rattled the Auto Giant
— Ford Motor Company just hit the brakes on its earnings forecast. The company says tariffs from President Trump’s trade war could cost Ford a whopping $15 billion. Profits have already dropped 64% in the first quarter, and Ford blames these tariffs for most of the pain. Other carmakers may face over $100 billion in extra costs too.
To dodge some of these fees, Ford started sending cars from Mexico to Canada using special bond carriers. This helps avoid certain tariffs but doesn’t solve everything. By suspending its guidance, Ford is telling investors things are shaky and uncertain.
The Federal Reserve chose not to raise interest rates this time. Leaders pointed to risks from trade fights and older tariff rules as reasons for their caution. Big banks like Goldman Sachs also warned about possible trouble ahead for Wall Street.
There is some good news for global trade, though. A fresh deal between the U.S. and UK will remove steel and aluminum tariffs while cutting car taxes down to 10%. This agreement — first set up under President Trump — could help cool off some tensions even as other problems remain unsolved.
FORD’S Shocking Loss: Tariffs Deliver $15 Billion Blow to Auto Giant
— Ford Motor Company just took a huge hit—$15 billion lost, all thanks to tariffs. The company has now suspended its financial outlook for the year. Ford says these trade fights, many started under President Trump, are costing not just them but could slam the whole U.S. auto industry with over $100 billion in extra costs if things don’t change soon.
The Federal Reserve decided not to raise interest rates this time. They say it’s because of all the uncertainty from tariffs and global trade battles. This move caught Wall Street off guard and left some investors worried about what comes next.
There is one bright spot: The U.S. government has lifted tariffs on UK steel and aluminum and cut car tariffs down to 10%. This new deal was worked out between President Trump’s team and UK Prime Minister Keir Starmer.
These events show how much trade policy matters for American jobs and businesses. Car makers are feeling squeezed while leaders try to steer through a risky economic moment.
TRUMP’S Auto Import Tarifs Spark Fears And Rattle Markets
— Swiss bank UBS has cut its S&P 500 forecast for the end of 2025 from 6,600 to 6,400 points. This comes after President Trump announced new 25% tariffs on imported cars. Many worry these tariffs could start a bigger global trade fight. Still, UBS’s Mark Haefele says there is “meaningful upside” for U.S. stocks this year.
The new tariffs have shaken investors in the U.S., Asia-Pacific, and Europe. President Trump stands firm on his decision. He said he “couldn’t care less” if automakers raise prices and believes Americans will buy more cars made at home.
Markets worldwide are reacting fast to the news. The MSCI world stock index fell by 4.5% in March — the worst drop since September 2022. JPMorgan’s Bruce Kasman now says there is a 40% chance of a recession.
Investors face more risk as these bold trade moves take effect under Trump’s America-first plan. Wall Street is watching closely to see how this will impact jobs and growth in the months ahead.
TRUMP’S Auto Imports Tarif?F Shock: “Liberation DAY” Ignites Hope For American Jobs
— President Trump just announced a 25% tariff on imported cars and parts, starting April 2, 2025. He calls it “Liberation Day” for American industry. The new tariffs will hit countries like Canada, Mexico, Japan, South Korea, and Germany.
The Trump team says these tariffs will boost U.S. manufacturing and protect American jobs. They believe it’s time to put America first and make foreign countries play by our rules — even if there’s some short-term pain.
Critics warn car prices could rise for families and that supply chains might get disrupted. Some experts say there could be temporary shutdowns in auto plants while companies adjust.
This move is part of Trump’s bigger plan to target steel, aluminum, and other imports from places like China and Venezuela. India may get special treatment as talks continue. Europe is already threatening to fight back over past metal tariffs.
UN VIDEO CHALLENGES Israeli Actions: Shocking Footage of Medic Tragedy
— A phone video from a Palestinian medic disputes Israeli claims about an incident in southern Gaza. The footage shows emergency vehicles with flashing lights and logos clearly visible. Despite this, Israeli troops opened fire, tragically killing 15 medics.
The video, released by the Palestinian Red Crescent Society, captures the moments before the attack. Medics approached an ambulance under fire when their vehicles were targeted. Gunfire lasted over five minutes as a medic prayed for forgiveness and expressed his commitment to helping others.
Israeli troops later bulldozed over the bodies and vehicles, creating a mass grave in Tel al-Sultan. U.N. workers could only retrieve the bodies a week later due to ongoing operations in Rafah.
The Palestinian ambassador shared the video with the U.N., highlighting its significance at a Security Council meeting. The Associated Press obtained this footage through diplomatic channels under anonymity due to its sensitive nature.
TRUMP’S Auto TAX Shock: Jaguar Land Rover Halts US Shipments
— Jaguar Land Rover is pausing shipments to the U.S. due to President Trump’s 25% import tax on vehicles. This British auto giant is adjusting its strategy to cope with new trade rules. The halt aims to help the company plan for long-term responses to these tariffs.
Experts say other British carmakers might follow Jaguar Land Rover’s lead. The higher tariffs add strain on an already struggling industry facing low domestic demand and a shift toward electric cars. “I expect similar stoppages from other producers,” said David Bailey, an automotive expert from the University of Birmingham.
The Society of Motor Manufacturers and Traders (SMMT) noted a 13.9% drop in U.K.-made cars last year, with over 77% exported mainly to the U.S. Factories making models like Nissan’s Qashqai and Juke are also feeling the heat from these issues.
SMMT’s chief executive, Mike Hawes, stressed that faster trade talks are crucial for supporting jobs and economic growth in both countries as they navigate these challenges together.
TRUMP’S Bold Stance on Auto Price Hikes and Global Diplomacy Revealed
— President Donald Trump recently declared he “couldn’t care less” if foreign automakers hike prices due to his auto tariffs. This bold move shows his commitment to putting American interests first, despite foreign economic pressures. Trump also confirmed he won’t fire anyone involved in the Signal group chat controversy.
Internationally, Iran has rejected direct nuclear talks with Trump but is open to indirect discussions. The President has warned of military action if Tehran doesn’t agree to a nuclear deal with Washington, highlighting his strong approach to national security and diplomacy.
Trump criticized Russian President Vladimir Putin and warned of secondary tariffs on nations buying oil from Russia amid Ukraine tensions. These potential tariffs are part of Trump’s broader strategy as he nears an April 2 deadline for major tariff actions against adversaries while staying open to negotiation deals.
Domestically, Republicans face challenges as Democrats aim for gains in Florida’s Sixth District despite Trump’s past success there. Meanwhile, Trump withdrew Congresswoman Elise Stefanik’s nomination for U.N. ambassador amidst a slim GOP House majority and upcoming special elections, underscoring internal party dynamics and strategic shifts before future political battles.
— Newcastle United WINS Carabao Cup, ending 70-year trophy drought The Magpies triumphed over Liverpool with a 2-1 victory, delighting tens of thousands of fans in the capital
— US breaks from tradition, votes with Russia against UN resolution on Ukraine In a surprising move, the United States aligned with Russia to oppose a UN General Assembly resolution condemning the ongoing war in Ukraine
— US BREAKS WITH TRADITION, VOTES WITH RUSSIA AGAINST UN RESOLUTION In a surprising shift, the United States joined Russia in opposing a UN resolution condemning the war against Ukraine, raising alarms about the future of US foreign policy
GUN Evidence SHOCKS in United Healthcare CEO’S Tragic Murder
— New York City police confirmed that the GUN found on Luigi Mangione matched shell casings at the crime scene of United Healthcare CEO Brian Thompson’s murder. Commissioner Jessica Tisch stated that Mangione’s fingerprints were also found on items near the midtown Manhattan site. Authorities think Mangione bought these items while waiting for his target.
Mangione, 26, is currently held without bail in Pennsylvania after being arrested on gun and forgery charges. Manhattan prosecutors are working to extradite him to New York to face a murder charge. His lawyer has urged against rushing to judgment as investigations continue into his motives and background.
Police suspect Mangione harbored resentment toward the healthcare industry, possibly linked to a back injury he sustained on July 4, 2023. Investigators are examining his social media posts showing X-rays of spinal screws and writings critical of corporate America and the U.S. healthcare system.
The case remains in its early stages as authorities piece together evidence and motive details.
WILDFIRES DEVASTATE Coasts: Communities on Edge as Flames Spread
— Firefighters are battling wildfires on both U.S. coasts, with significant damage in New York, New Jersey, and Southern California. In Ventura County, California, the Mountain Fire has destroyed over 130 structures and forced thousands to evacuate. The fire is 31% contained but still threatens homes due to strong Santa Ana winds.
In New York and New Jersey, a wildfire claimed the life of Dariel Vasquez, an 18-year-old parks employee. He died when a tree fell on him while fighting a brush fire in Sterling Forest near Greenwood Lake. The Jennings Creek Wildfire in New Jersey threatens 25 structures and is only 10% contained as of Sunday night.
Authorities have issued evacuation warnings and road closures in affected areas for public safety. Some residents have been allowed back home but are advised to remain cautious of hazards like live power lines and debris.
Investigations into the causes of these fires are ongoing as communities brace for further developments. Residents remain vigilant amid uncertain conditions while firefighters work tirelessly to control the blazes threatening their homes and lives.
— China SLAMS US for Expanding Export Control List, Promises Retaliation The Chinese government has criticized the United States for adding more companies to its export control list and has vowed to take countermeasures
UN COURT DEMANDS Israel Halt Gaza Offensive
— The International Court of Justice has ordered Israel to stop its military actions in Rafah, Gaza. This decision increases pressure on Israel, which already faces international condemnation. Norway, Ireland, and Spain recently recognized a Palestinian state.
The Biden administration is caught between supporting Israel and opposing a major offensive in Rafah. National Security Adviser Jake Sullivan stated that Israel’s actions have been targeted and limited so far. However, he acknowledged the situation could change rapidly.
A State Department official confirmed that the operation has not yet reached the densest areas of Rafah. The U.S. continues to provide military and political support to Israel while urging caution against escalating the conflict further into densely populated regions of Gaza.
NYPD STANDS United: A Powerful Display of Support at Officer’s Court Hearing
— In a moving display of unity, around 100 NYPD officers gathered at the Queens courthouse. They were there to show their support during the arraignment of Lindy Jones, who is facing charges related to the death of Officer Jonathan Diller.
Jones and Guy Rivera are at the center of this case due to their alleged involvement in the March incident that tragically ended Officer Diller’s life. Jones has pleaded not guilty to weapon possession charges, while Rivera faces more severe accusations, including first-degree murder and attempted murder.
The courtroom was filled with NYPD officers, a testament to their collective mourning and unwavering support for one another. Amidst this somber backdrop, Jones’ defense lawyer highlighted his client’s right to be presumed innocent until proven guilty.
This high-profile case has sparked renewed debate over crime and justice in New York City. Critics argue that individuals like Jones and Rivera represent a clear danger to society and question why they were allowed freedom prior to committing such heinous acts against law enforcement.
UAW STRIKE Ends: Ford’s Unprecedented 30% PAY Rise Could Shake Up Detroit Automakers
— The United Auto Workers (UAW) union has reached a tentative contract agreement with Ford. This development could signal the end of the nearly six-week-long strikes that have rocked Detroit automakers. However, this four-year deal still needs approval from Ford’s 57,000 union members.
The agreement could shape future negotiations with General Motors and Stellantis, where strikes are ongoing. UAW has urged all Ford workers to resume work, hoping to pressure GM and Stellantis into bargaining. More details on how this strategy will be implemented are expected soon.
In a video address, UAW President Shawn Fain announced that Ford offered a wage increase of 50% more than before the strike started on September 15th. UAW Vice President Chuck Browning, who served as the chief negotiator with Ford, disclosed that workers would see an overall wage increase of 25%. This would push the total pay rise over 30%, resulting in top-tier assembly plant workers earning above $40 per hour by contract’s end.
Before this agreement, all three automakers had suggested a pay rise of just 23%. Under the new deal, assembly workers will receive an immediate raise of 11% upon ratification — nearly matching all wage increases since 2007.
